Latest Market News

May 05
Preview of the FOMC Meeting: Balance Sheet Run-off Announcement is the key Thing to Watch

The Fed is expected to deliver a 50 bp rate hike today and announce the start balance sheet runoff. Markets will be interested in the pace of QT, since this will determine supply of longer-maturity Treasuries on the market in the medium-term which has a great influence on greenback demand. For example, the pullback of […]

May 05
Quantum-based random number generator for Web3 games and wallets launched

The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling. 3002 Total views 48 Total shares Researchers at Australia National University have teamed up with blockchain oracle provider AP13 to launch the first Quantum Random Number Generator (QRNG). The joint effort will allow Web3 entities […]

May 05
One Medical’s Q1 revenue tops views, membership increases nearly 30%

1Life Healthcare Inc. ONEM, +5.53% shares rose in the extended session Wednesday after the parent company of One Medical doctor’s offices reported first-quarter revenue above analyst estimates and said its membership grew nearly 30%. 1Life said it lost $90.9 million, or 47 cents a share, in the quarter, compared with a loss of $39.3 million, […]

May 04
California governor issues blockchain executive order building on US President’s regulatory efforts

“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. 1671 Total views 43 Total shares Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the […]

May 04
Vimeo stock falls more than 10% after mixed Q1 results

Vimeo Inc. VMEO, +2.32% stock dropped more than 10% in after-hours trading Wednesday after the video sharing and hosting platform reported a mixed quarter, swinging to a quarterly loss and showing revenue above Wall Street expectations. Vimeo said it lost $26.6 million, or 16 cents a share, in the first quarter, versus earnings of $3.3 […]

May 04
Investor Bulletin – Top 10 Investment Tips for College Students

One of the best ways to build wealth is by saving and investing over a long period of time. The earlier you start, the easier it is for your money to grow. Opening your first investment account is a key step in beginning your investment journey. As a college student, you may receive offers to […]